Sparta Capital Ltd (SAY) - Net Assets
Based on the latest financial reports, Sparta Capital Ltd (SAY) has net assets worth CA$1.40 Million CAD (≈ $1.01 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$5.08 Million ≈ $3.67 Million USD) and total liabilities (CA$3.68 Million ≈ $2.66 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Sparta Capital Ltd total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.40 Million |
| % of Total Assets | 27.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Sparta Capital Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Sparta Capital Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Sparta Capital Ltd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Sparta Capital Ltd (2017–2025)
The table below shows the annual net assets of Sparta Capital Ltd from 2017 to 2025. For live valuation and market cap data, see SAY stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$599.66K ≈ $433.78K |
+133.98% |
| 2024-09-30 | CA$-1.76 Million ≈ $-1.28 Million |
-39.39% |
| 2023-09-30 | CA$-1.27 Million ≈ $-915.89K |
+27.77% |
| 2022-09-30 | CA$-1.75 Million ≈ $-1.27 Million |
-326.14% |
| 2021-09-30 | CA$-411.35K ≈ $-297.56K |
+18.19% |
| 2020-09-30 | CA$-502.81K ≈ $-363.72K |
+76.68% |
| 2019-09-30 | CA$-2.16 Million ≈ $-1.56 Million |
-17.71% |
| 2018-09-30 | CA$-1.83 Million ≈ $-1.33 Million |
-85.20% |
| 2017-09-30 | CA$-989.11K ≈ $-715.51K |
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Equity Component Analysis
This analysis shows how different components contribute to Sparta Capital Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 426811000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$13.32 Million | % |
| Total Equity | CA$-24.21K | 100.00% |
Sparta Capital Ltd Competitors by Market Cap
The table below lists competitors of Sparta Capital Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEWLOX GOLD VENTURES
F:NGO
|
$3.61 Million |
|
NR 21 S.A.
PA:NR21
|
$3.61 Million |
|
Next 15 Group PLC
LSE:NFG
|
$3.61 Million |
|
Essentra PLC
LSE:ESNT
|
$3.61 Million |
|
Diligent Media Corporation Limited
NSE:DNAMEDIA
|
$3.60 Million |
|
Evogene
TA:EVGN
|
$3.60 Million |
|
Absolicon Solar Collector AB Series B
ST:ABSL-B
|
$3.60 Million |
|
GLOW LIFETECH CORP.
F:9DO
|
$3.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sparta Capital Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -1,386,808 to -24,211, a change of 1,362,597.
- Net income of 430,747 contributed positively to equity growth.
- Other factors increased equity by 931,850.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$430.75K | +1779.14% |
| Other Changes | CA$931.85K | +3848.87% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Sparta Capital Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | CA$0.00 | CA$0.02 | x |
| 2018-09-30 | CA$0.00 | CA$0.02 | x |
| 2019-09-30 | CA$0.00 | CA$0.02 | x |
| 2020-09-30 | CA$0.00 | CA$0.02 | x |
| 2021-09-30 | CA$0.00 | CA$0.02 | x |
| 2022-09-30 | CA$0.00 | CA$0.02 | x |
| 2023-09-30 | CA$0.00 | CA$0.02 | x |
| 2024-09-30 | CA$-0.01 | CA$0.02 | x |
| 2025-09-30 | CA$0.00 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sparta Capital Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.44%
- • Asset Turnover: 2.32x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -27.00% | 2.82x | 0.00x | CA$-1.80 Million |
| 2018 | 0.00% | -8.45% | 1.34x | 0.00x | CA$-940.30K |
| 2019 | 0.00% | -6.18% | 3.84x | 0.00x | CA$-670.25K |
| 2020 | 0.00% | -16.08% | 1.74x | 0.00x | CA$-816.35K |
| 2021 | 0.00% | -11.74% | 1.69x | 0.00x | CA$-591.23K |
| 2022 | 0.00% | -16.24% | 2.95x | 0.00x | CA$-872.81K |
| 2023 | 0.00% | -4.89% | 4.58x | 0.00x | CA$-330.48K |
| 2024 | 0.00% | -11.45% | 3.64x | 0.00x | CA$-751.12K |
| 2025 | 0.00% | 3.44% | 2.32x | 0.00x | CA$433.17K |
Industry Comparison
This section compares Sparta Capital Ltd's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $4,950,047
- Average return on equity (ROE) among peers: 0.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sparta Capital Ltd (SAY) | CA$1.40 Million | 0.00% | 2.63x | $3.61 Million |
| Appulse Corp (APL) | $1.95 Million | -45.85% | 1.25x | $2.30 Million |
| BioRem Inc. (BRM) | $14.93 Million | 32.27% | 1.25x | $40.40 Million |
| Questor Technology Inc. (QST) | $2.67 Million | 44.79% | 0.31x | $4.52 Million |
| Thermal Energy International Inc. (TMG) | $3.89 Million | -10.89% | 2.35x | $19.17 Million |
| Current Water Technologies Inc (WATR) | $1.31 Million | -17.52% | 0.10x | $1.66 Million |
About Sparta Capital Ltd
Sparta Capital Ltd. engages in environmental, energy, and health technologies businesses in Canada. It operates through Electronics Recycling and Safety Products Transactions segments. It engages in electronics recycling and reselling and product development in health care. The company was incorporated in 1988 and is headquartered in Toronto, Canada.